The British pound appreciated vis-Ã -vis the U.S. dollar today as cable tested offers around the US$ 1.4930 level and was supported around the $1.4820 level. Bank of England reported it wants to enhance payment and settlement systems so that it can further reduce systemic risk. Traders are also examining possible fallout from the political row involving Prime Minister Brown and Labour. Cable bids are cited around the US$ 1.4515 level. The euro moved lower vis-Ã -vis the British pound as the single currency tested bids around the ‚¤0.8890 level and was capped around the ‚¤0.9005 level.
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